Addentax to issue 464,907 unregistered shares for Double Cash Finance acquisition
ATXG•Addentax Group agreed to issue 464,907 common shares to acquire Double Cash Finance. The deal remains subject to a Nasdaq additional shares notification filing and customary closing conditions.
1. Share-based acquisition
Addentax Group agreed on November 3, 2026, to issue 464,907 common shares to acquire Double Cash Finance. Its wholly owned subsidiary Yingxi will acquire all of the target from sole shareholder Chan Kai Sang, who will receive the shares. The shares will be issued in an offshore transaction exempt from Securities Act registration under Regulation S.
2. Closing conditions
Closing remains subject to a Nasdaq additional shares notification filing and customary conditions.
